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Oil States Shareholders Endorse Board, Pay and Auditor

Tipranks - Wed May 13, 2:36PM CDT

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Oil States International ( (OIS) ) just unveiled an announcement.

At the 2026 Annual Meeting of Stockholders held on May 12, 2026, Oil States International shareholders elected Lawrence R. Dickerson and Lloyd A. Hajdik as Class I directors to serve until the 2029 annual meeting, signaling continued support for the company’s existing board leadership. Investors also approved, on an advisory basis, the compensation of the company’s named executive officers, reflecting broad backing for current pay practices.

In addition, stockholders ratified the appointment of Deloitte & Touche LLP as Oil States International’s independent registered public accounting firm for the fiscal year ending December 31, 2026, reinforcing confidence in the company’s financial reporting and oversight. The outcomes collectively underscore shareholder alignment with management and the board on governance, executive compensation and audit matters going into the next phase of the company’s strategy.

The most recent analyst rating on (OIS) stock is a Hold with a $11.00 price target. To see the full list of analyst forecasts on Oil States International stock, see the OIS Stock Forecast page.

Spark’s Take on OIS Stock

According to Spark, TipRanks’ AI Analyst, OIS is a Neutral.

The score is held back primarily by weak recent profitability and bearish technical momentum (price below key moving averages with negative MACD). These are partially offset by a strong balance sheet and positive free cash flow, plus a generally constructive earnings update featuring improving Q2 guidance and a sharply higher backlog, though geopolitical and conversion-timing risks remain.

To see Spark’s full report on OIS stock, click here.

More about Oil States International

Oil States International, Inc. is an energy services and equipment company operating in the oil and gas sector, providing products and services that support drilling, completion and production activities for exploration and production companies. The firm focuses on technologies and solutions used in both onshore and offshore operations, positioning it as a key supplier within the broader energy infrastructure and services market.

Average Trading Volume: 1,127,568

Technical Sentiment Signal: Buy

Current Market Cap: $521.3M

See more insights into OIS stock on TipRanks’ Stock Analysis page.

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